Build On Existing Platforms

A discussion about leveraging existing platforms instead of building new apps, using HQ Trivia's failure as a case study.

Key Platform Strategy Insights

  • Build on existing platforms (Twitch/YouTube) rather than creating new apps
    • Eliminates need to build own tech infrastructure
    • Avoids expensive user acquisition costs
    • Leverages existing audience base

HQ Trivia Lessons

  • Failed due to:
    • Building their own app platform
    • Creating too much initial hype
    • Death spiral from not meeting high expectations
    • Running out of time to diversify games

Business Model Opportunities

  • Educational Content

    • After-school learning programs
    • $3/week subscription model for parents
    • Interactive trivia format with engaging hosts
    • Modern version of educational games like Brain Quest
    • Benefits:
      • Parents willing to pay for educational content
      • Don't need massive user base due to subscription model
      • Aligns with existing screen time habits
  • Live Streaming Shows

    • Transform traditional TV formats into mobile experiences
    • Examples:
      • QVC-style shopping
      • Auction shows
      • Antiques Roadshow format
    • Focus on making existing platforms more lightweight and mobile-focused

Revenue Considerations

  • Subscription model preferred over advertising
  • Don't need tens of millions of users
  • Parents willing to pay for quality educational content
  • Focus on creating value that justifies recurring payments
23:00 - 23:30
Full video: 51:58
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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